The Australian dollar was trading flat today even though Australia’s gross domestic product rose more than was expected and the central bank’s chief delivered a rather optimistic speech. The Australian…
AUD/NZD in Freefall After 1.0474 Gave Way
The Australian versus the New Zealand dollar currency pair is under heavy bearish pressure. Could the bulls still do something to rectify the situation? Long-term perspective After the 1.0551 firm support…
South Korea Tax on Crypto Gains Delayed Until 2022
South Korea parliament has officially postponed a private members’ bill that will start taxing profits from cryptocurrencies until January 2022, according to local media reports.…
Michael Moritz Is Secured as Klarna’s Next Chairman
Klarna, an EU-regulated bank, announced that it has secured its next Chairman, Sir Michael Moritz, effective immediately. Announced in a press release on Tuesday, Moritz,…
FXSpotStream Monthly Volume Rises Again Above $900B Mark
The first group of institutional FX platforms to report their monthly volumes indicate that November was a busier month all round, with FXSpotStream setting its…
Interactive Brokers’ DARTs Surpass 2.0M Milestone in November
As countries across the world are seeing a resurgence in COVID-19 cases after successfully slowing outbreaks earlier in the year, trading activity is posting new…
Euronext FX Monthly Volumes Rise 10pct, FX Tape Also Shines YoY
, which operates the biggest pan-European exchange, had one of its busiest months across its FX platforms in November. In terms of its aggregated monthly…
ATFX Dubai Appoints Khadija Boudlal as Head of Client Support
ATFX operations in the Middle East has appointed Khadija Boudlal as the company’s head of client and sales support, according to her LinkedIn profile. In…
Canadian Dollar Strengthens on Q3 GDP, Manufacturing PMI Growth
The Canadian dollar is strengthening against its US counterpart on Tuesday, buoyed by third-quarter economic growth and rebounding manufacturing activity. But the loonieâs rally was capped by sliding crude oil prices…
US Dollar Drops amid Risk Appetite, Outlook for Stimulus
The US dollar fell against a basket of currencies today as risk appetite on the market limited demand for safety provided by the greenback, while the outlook for stimulus in the United States further damaged the appeal of the US currency.…
Euro Surges to Multi-Year Highs Against Dollar as US PMI Misses
The euro today rallied to multi-year highs against the dollar boosted by the positive investor risk sentiment amid heightened optimism about the global economic recovery.…
Sterling Mixed on Hopes for Brexit Deal, Rising Manufacturing PMI
The Great Britain pound was mixed today, rising against some rivals but falling versus others, despite positive fundamentals. Hopes for the Brexit deal and a better-than-expected manufacturing report were providing…